$AVNT
AVIENT CORP Stock $avnt

$avnt Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000112297624000019 Filed on February 20, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$829.0M	$719.0M	$3.143B
YoY Change	-1.97%	-9.03%	-7.48%
Cost Of Revenue	$550.8M	$492.5M	$2.170B
YoY Change	-7.91%	-16.1%	-13.68%
Gross Profit	$278.2M	$226.5M	$972.5M
YoY Change	12.36%	11.36%	10.17%
Gross Profit Margin	33.56%	31.5%	30.94%
Selling, General & Admin	$184.2M	$157.3M	$659.7M
YoY Change	-3.31%	-4.43%	3.17%
% of Gross Profit	66.21%	69.45%	67.84%
Research & Development			$90.30M
YoY Change			6.36%
% of Gross Profit			9.29%
Depreciation & Amortization	$43.80M	$44.30M	$186.9M
YoY Change	-10.06%	-6.34%	18.59%
% of Gross Profit	15.74%	19.56%	19.22%
Operating Expenses	$184.2M	$157.3M	$659.7M
YoY Change	-3.31%	-4.43%	-8.92%
Operating Profit	$94.00M	$69.20M	$312.8M
YoY Change	64.62%	78.35%	28.57%
Interest Expense	-$26.60M	-$26.80M	-$115.3M
YoY Change	-7.64%	-45.75%	-3.76%
% of Operating Profit	-28.3%	-38.73%	-36.86%
Other Income/Expense, Net	-$900.0K	$4.300M	$5.800M
YoY Change	-228.57%	-115.14%	-109.72%
Pretax Income	$66.50M	$20.60M	$87.30M
YoY Change	129.31%	-126.61%	36.83%
Income Tax	$16.80M	-$7.000M	$11.00M
% Of Pretax Income	25.26%	-33.98%	12.6%
Net Earnings	$49.40M	$28.60M	$75.70M
YoY Change	148.24%	-94.75%	-89.23%
Net Earnings / Revenue	5.96%	3.98%	2.41%
Basic Earnings Per Share	$0.54		$0.83
Diluted Earnings Per Share	$0.54	$0.30	$0.83
COMMON SHARES
Basic Shares Outstanding	91.18M shares		91.10M shares
Diluted Shares Outstanding	92.00M shares		91.80M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$444.3M	$545.8M	$545.8M
YoY Change	-23.75%	-14.87%	-14.87%
Cash & Equivalents	$444.3M	$545.8M	$545.8M
Short-Term Investments
Other Short-Term Assets	$117.1M	$114.9M	$114.9M
YoY Change	-6.54%	-0.35%	-0.35%
Inventory	$354.0M	$347.0M	$347.0M
Prepaid Expenses
Receivables	$475.3M	$399.9M	$399.9M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.391B	$1.408B	$1.408B
YoY Change	-11.1%	-10.33%	-10.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.022B	$1.094B	$1.094B
YoY Change	-2.3%	4.29%	-1.39%
Goodwill	$1.700B	$1.719B
YoY Change	0.62%	2.84%
Intangibles	$1.547B	$1.591B
YoY Change	-3.45%	-0.43%
Long-Term Investments
YoY Change
Other Assets	$217.1M	$156.6M	$156.6M
YoY Change	3.48%	14.98%	14.98%
Total Long-Term Assets	$4.485B	$4.561B	$4.561B
YoY Change	-1.35%	1.01%	1.01%
TOTAL ASSETS
Total Short-Term Assets	$1.391B	$1.408B	$1.408B
Total Long-Term Assets	$4.485B	$4.561B	$4.561B
Total Assets	$5.876B	$5.969B	$5.969B
YoY Change	-3.85%	-1.91%	-1.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$428.3M	$432.3M	$432.3M
YoY Change	-4.42%	-4.86%	-4.86%
Accrued Expenses	$294.2M	$331.8M	$331.8M
YoY Change	-23.96%	-16.17%	4.27%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$9.600M	$9.500M	$9.500M
YoY Change	336.36%	331.82%	331.82%
Total Short-Term Liabilities	$732.1M	$773.6M	$773.6M
YoY Change	-12.55%	-11.02%	-11.02%
LONG-TERM LIABILITIES
Long-Term Debt	$2.069B	$2.071B	$2.071B
YoY Change	-4.97%	-4.88%	-4.88%
Other Long-Term Liabilities	$390.5M	$504.8M	$504.8M
YoY Change	18.69%	114.35%	46.92%
Total Long-Term Liabilities	$2.806B	$2.575B	$2.575B
YoY Change	-3.41%	-10.04%	2.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$732.1M	$773.6M	$773.6M
Total Long-Term Liabilities	$2.806B	$2.575B	$2.575B
Total Liabilities	$3.538B	$3.649B	$3.649B
YoY Change	-5.46%	-2.22%	-2.7%
SHAREHOLDERS EQUITY
Retained Earnings		$1.808B
YoY Change		-0.84%
Common Stock		$1.200M
YoY Change		0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.321B	$2.319B	$2.319B
YoY Change
Total Liabilities & Shareholders Equity	$5.876B	$5.969B	$5.969B
YoY Change	-3.85%	-1.91%	-1.91%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	$49.40M	$28.60M	$75.70M
YoY Change	148.24%	-94.75%	-89.23%
Depreciation, Depletion And Amortization	$43.80M	$44.30M	$186.9M
YoY Change	-10.06%	-6.34%	18.59%
Cash From Operating Activities	-$42.80M	$154.5M	$201.6M
YoY Change	92.79%	-11.46%	-49.4%
INVESTING ACTIVITIES
Capital Expenditures	$24.40M	$44.40M	$119.4M
YoY Change	20.2%	-11.9%	13.18%
Acquisitions			$0.00
YoY Change			-100.0%
Other Investing Activities	$2.100M	$15.60M	$25.20M
YoY Change	-71.23%	-98.33%	-513.11%
Cash From Investing Activities	-$24.50M	-$28.80M	-$94.20M
YoY Change	88.46%	-103.26%	-81.31%
FINANCING ACTIVITIES
Cash Dividend Paid	$23.50M		$90.20M
YoY Change	4.44%		3.92%
Common Stock Issuance & Retirement, Net		$0.00	$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net	$2.700M		$105.8M
YoY Change	237.5%		-88.94%
Cash From Financing Activities	-$28.10M	-25.70M	-201.7M
YoY Change	9.77%	-97.36%	-221.21%
NET CHANGE
Cash From Operating Activities	-$42.80M	154.5M	201.6M
Cash From Investing Activities	-$24.50M	-28.80M	-94.20M
Cash From Financing Activities	-$28.10M	-25.70M	-201.7M
Net Change In Cash	-$101.5M	100.0M	-94.30M
YoY Change	73.8%	15.34%	-336.34%
FREE CASH FLOW
Cash From Operating Activities	-$42.80M	$154.5M	$201.6M
Capital Expenditures	$24.40M	$44.40M	$119.4M
Free Cash Flow	-$67.20M	$110.1M	$82.20M
YoY Change	58.12%	-11.28%	-71.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	51900000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	2319200000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	2334500000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	18800000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	18300000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2338000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2352800000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5968500000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6085000000	usd
CY2021	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	5600000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	703400000	usd
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001122976
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	us-gaap	Discontinued Operation Gain Loss On Disposal Statement Of Income Or Comprehensive Income Extensible Enumeration DiscontinuedOperationGainLossOnDisposalStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
CY2023	us-gaap	Restructuring Incurred Cost Statement Of Income Or Comprehensive Income Extensible Enumeration RestructuringIncurredCostStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense
CY2023Q4	us-gaap	Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2022Q4	us-gaap	Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	1-16091
CY2023	dei	Entity Registrant Name EntityRegistrantName	Avient Corporation
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	34-1730488
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	Avient Center
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	33587 Walker Road
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	44012
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Avon Lake
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
CY2023	dei	City Area Code CityAreaCode	440
CY2023	dei	Local Phone Number LocalPhoneNumber	930-1000
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	false
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	3700000000	usd
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	91179276	shares
CY2023	dei	Auditor Firm AuditorFirmId	42
CY2023	dei	Auditor Name AuditorName	Ernst & Young LLP
CY2023	dei	Auditor Location AuditorLocation	Cleveland, Ohio
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3142800000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3396900000	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3315500000	usd
CY2023	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2250300000	usd
CY2022	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2514200000	usd
CY2021	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2371700000	usd
CY2023	us-gaap	Gross Profit GrossProfit	892500000	usd
CY2022	us-gaap	Gross Profit GrossProfit	882700000	usd
CY2021	us-gaap	Gross Profit GrossProfit	943800000	usd
CY2023	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	695700000	usd
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	639400000	usd
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	664100000	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	196800000	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	243300000	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	279700000	usd
CY2023	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-115300000	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-119800000	usd
CY2021	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-75200000	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	5800000	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-59700000	usd
CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1000000.0	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	63800000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	203500000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	76200000	usd
CY2023	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	500000	usd
CY2022	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	300000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	75700000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	703100000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	230800000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.83
CY2022	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.91
CY2021	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	1.66
CY2023	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0
CY2022	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	6.80
CY2021	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.87
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.71
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.53
CY2023	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.83
CY2022	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.90
CY2021	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	1.65
CY2023	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0
CY2022	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	6.73
CY2021	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.86
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.63
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.51
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	91100000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	91200000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	91400000	shares
CY2023	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	700000	shares
CY2022	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1000000.0	shares
CY2021	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	700000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	91800000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	92200000	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	92100000	shares
CY2023	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	700000	shares
CY2022	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	300000	shares
CY2021	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.000
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.960
CY2021	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.875
CY2023	us-gaap	Profit Loss ProfitLoss	76200000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	703400000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	230600000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-5300000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-38700000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-75200000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	0	usd
CY2022	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2300000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	3200000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	6300000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-6200000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	0	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-11600000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-30200000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-72000000.0	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	64600000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	673200000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	158600000	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	500000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	300000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-200000	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	64100000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	672900000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	158800000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	545800000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	641100000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	399900000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	440600000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	347000000.0	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	372700000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	114900000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	115300000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	1407600000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	1569700000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1028900000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1049200000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	1719300000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	1671900000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1590800000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1597600000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	65300000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	60400000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	156600000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	136200000	usd
CY2023Q4	us-gaap	Assets Assets	5968500000	usd
CY2022Q4	us-gaap	Assets Assets	6085000000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	9500000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	2200000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	432300000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	454400000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	16600000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	17000000.0	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	315200000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	395800000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	773600000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	869400000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2070500000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2176700000	usd
CY2023Q4	us-gaap	Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent	67200000	usd
CY2022Q4	us-gaap	Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent	67200000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	281600000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	342500000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	43200000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	40900000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	394400000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	235500000	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2856900000	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2862800000	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000.0	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000.0	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	122200000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	122200000	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	1200000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1200000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1529700000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1520500000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1808200000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1823600000	usd
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	31000000.0	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	31300000	shares
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	932500000	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	935000000.0	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-87400000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-75800000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	76200000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	230600000	usd
CY2023	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	usd
CY2022	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	550100000	usd
CY2021	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	186900000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	157600000	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	144200000	usd
CY2023	us-gaap	Restructuring Reserve Accelerated Depreciation RestructuringReserveAcceleratedDepreciation	1900000	usd
CY2022	us-gaap	Restructuring Reserve Accelerated Depreciation RestructuringReserveAcceleratedDepreciation	5500000	usd
CY2021	us-gaap	Restructuring Reserve Accelerated Depreciation RestructuringReserveAcceleratedDepreciation	1700000	usd
CY2023	avnt	Amortization Of Inventory Step Up AmortizationOfInventoryStepUp	0	usd
CY2022	avnt	Amortization Of Inventory Step Up AmortizationOfInventoryStepUp	34400000	usd
CY2021	avnt	Amortization Of Inventory Step Up AmortizationOfInventoryStepUp	1500000	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-61300000	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	500000	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-27300000	usd
CY2021	us-gaap	Payments Of Dividends PaymentsOfDividends	77700000	usd
CY2023	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	105800000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	13200000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	13200000	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	11200000	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-38600000	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-32600000	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	143100000	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-24300000	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-14000000.0	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	141000000.0	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-22200000	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	10700000	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	95300000	usd
CY2023	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-15100000	usd
CY2022	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	7100000	usd
CY2021	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-10900000	usd
CY2023	avnt	Payment Of Taxes On Gain On Sale Of Business PaymentOfTaxesOnGainOnSaleOfBusiness	104100000	usd
CY2022	avnt	Payment Of Taxes On Gain On Sale Of Business PaymentOfTaxesOnGainOnSaleOfBusiness	2800000	usd
CY2021	avnt	Payment Of Taxes On Gain On Sale Of Business PaymentOfTaxesOnGainOnSaleOfBusiness	0	usd
CY2023	avnt	Increase Decrease In Accrued Liabilities And Other Assets IncreaseDecreaseInAccruedLiabilitiesAndOtherAssets	63200000	usd
CY2022	avnt	Increase Decrease In Accrued Liabilities And Other Assets IncreaseDecreaseInAccruedLiabilitiesAndOtherAssets	-27700000	usd
CY2021	avnt	Increase Decrease In Accrued Liabilities And Other Assets IncreaseDecreaseInAccruedLiabilitiesAndOtherAssets	71600000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	201600000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	398400000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	233800000	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	119400000	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	105500000	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	100600000	usd
CY2023	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1426100000	usd
CY2021	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	47600000	usd
CY2023	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	0	usd
CY2022	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	-93300000	usd
CY2021	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	0	usd
CY2023	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	7300000	usd
CY2022	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	928200000	usd
CY2021	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	0	usd
CY2023	avnt	Proceeds From Plant Closures ProceedsFromPlantClosures	7600000	usd
CY2022	avnt	Proceeds From Plant Closures ProceedsFromPlantClosures	6100000	usd
CY2021	avnt	Proceeds From Plant Closures ProceedsFromPlantClosures	0	usd
CY2023	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-10300000	usd
CY2022	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	usd
CY2021	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2000000.0	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-94200000	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-504000000.0	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-150200000	usd
CY2023	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2022	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1300000000	usd
CY2021	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2023	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2022	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	36400000	usd
CY2021	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4200000	usd
CY2023	us-gaap	Payments Of Dividends PaymentsOfDividends	90200000	usd
CY2022	us-gaap	Payments Of Dividends PaymentsOfDividends	86800000	usd
CY2022	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	956800000	usd
CY2021	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	18500000	usd
CY2023	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3400000	usd
CY2022	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	4300000	usd
CY2021	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10700000	usd
CY2023	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2300000	usd
CY2022	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	49300000	usd
CY2021	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2023	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
CY2022	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
CY2021	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-3500000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-201700000	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	166400000	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-114600000	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1000000.0	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-20900000	usd
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-17300000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-95300000	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	39900000	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-48300000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	641100000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	601200000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	649500000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	545800000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	641100000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	601200000	usd
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1711700000	usd
CY2021	us-gaap	Profit Loss ProfitLoss	230600000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-72000000.0	usd
CY2021	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	1400000	usd
CY2021	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.8750
CY2021	us-gaap	Dividends Common Stock DividendsCommonStock	80200000	usd
CY2021	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	4200000	usd
CY2021	avnt	Adjustments To Equity Balance For Acquisitions And Other AdjustmentsToEquityBalanceForAcquisitionsAndOther	-2400000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1790500000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	703400000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-30200000	usd
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.9600
CY2022	us-gaap	Dividends Common Stock DividendsCommonStock	87500000	usd
CY2022	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	36400000	usd
CY2022	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	10800000	usd
CY2022	avnt	Adjustments To Equity Balance For Acquisitions And Other AdjustmentsToEquityBalanceForAcquisitionsAndOther	2200000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2352800000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	76200000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-11600000	usd
CY2023	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.0000
CY2023	us-gaap	Dividends Common Stock DividendsCommonStock	91100000	usd
CY2023	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	300000	shares
CY2023	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	11700000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2338000000	usd
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions in certain circumstances that affect amounts reported in the accompanying consolidated financial statements and notes. Actual results could differ from these estimates.</span></div>
CY2022Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	32100000	usd
CY2023Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	34500000	usd
CY2021	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-127700000	usd
CY2021	avnt	Other Comprehensive Income Loss Net Investment Hedge And Cash Flow Hedge Gain Loss OtherComprehensiveIncomeLossNetInvestmentHedgeAndCashFlowHedgeGainLoss	55700000	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	-60300000	usd
CY2022	avnt	Other Comprehensive Income Loss Net Investment Hedge And Cash Flow Hedge Gain Loss OtherComprehensiveIncomeLossNetInvestmentHedgeAndCashFlowHedgeGainLoss	23900000	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax	90900000	usd
CY2023	avnt	Other Comprehensive Income Loss Net Investment Hedge And Cash Flow Hedge Gain Loss OtherComprehensiveIncomeLossNetInvestmentHedgeAndCashFlowHedgeGainLoss	-96100000	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	90300000	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	84900000	usd
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	83200000	usd
CY2021Q4	us-gaap	Goodwill Goodwill	1284800000	usd
CY2022	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	396500000	usd
CY2022	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	-9400000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	1671900000	usd
CY2023	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	10300000	usd
CY2023	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	37100000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	1719300000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	1936000000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	412900000	usd
CY2023Q4	avnt	Intangible Assets Currency Translation IntangibleAssetsCurrencyTranslation	-67700000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1590800000	usd
CY2022Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	1905700000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	333100000	usd
CY2022Q4	avnt	Intangible Assets Currency Translation IntangibleAssetsCurrencyTranslation	-25000000.0	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1597600000	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	79800000	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	63600000	usd
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	57500000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	77300000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	77300000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	76600000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	74500000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	74000000.0	usd
CY2023	us-gaap	Restructuring Charges RestructuringCharges	26400000	usd
CY2022	us-gaap	Restructuring Charges RestructuringCharges	38100000	usd
CY2021	us-gaap	Restructuring Charges RestructuringCharges	14700000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2110500000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	30500000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2080000000	usd
CY2023Q4	avnt	Long Term Debt Current Maturities Principal Amount LongTermDebtCurrentMaturitiesPrincipalAmount	9500000	usd
CY2023Q4	avnt	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Current DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsCurrent	0	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	9500000	usd
CY2023Q4	avnt	Long Term Debt Excluding Current Maturities Principal Amount LongTermDebtExcludingCurrentMaturitiesPrincipalAmount	2101000000	usd
CY2023Q4	avnt	Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Noncurrent DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNoncurrent	30500000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2070500000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2216300000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	37400000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	2178900000	usd
CY2022Q4	avnt	Long Term Debt Current Maturities Principal Amount LongTermDebtCurrentMaturitiesPrincipalAmount	2200000	usd
CY2022Q4	avnt	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Current DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsCurrent	0	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	2200000	usd
CY2022Q4	avnt	Long Term Debt Excluding Current Maturities Principal Amount LongTermDebtExcludingCurrentMaturitiesPrincipalAmount	2214100000	usd
CY2022Q4	avnt	Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Noncurrent DebtInstrumentUnamortizedDiscountPremiumandDebtIssuanceCostsNoncurrent	37400000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2176700000	usd
CY2023	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	1900000	usd
CY2023Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	2113700000	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	2153100000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2080000000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	2178900000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	9500000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	659600000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	7800000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	7700000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	7700000	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	1418200000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2110500000	usd
CY2023	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	49800000	usd
CY2022	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	34000000	usd
CY2021	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	17500000	usd
CY2023	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	106300000	usd
CY2022	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	69400000	usd
CY2021	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	72600000	usd
CY2023	us-gaap	Operating Lease Cost OperatingLeaseCost	31400000	usd
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	28900000	usd
CY2021	us-gaap	Operating Lease Cost OperatingLeaseCost	29400000	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M6D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y8M12D
CY2023	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	18100000	usd
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	13800000	usd
CY2021	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	8300000	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.050
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.048
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	20300000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	13800000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	10100000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	8200000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	4800000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	12300000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	69500000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	9700000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	59800000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	166000000.0	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	157700000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	19800000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	22700000	usd
CY2023Q4	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	161200000	usd
CY2022Q4	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	192300000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	347000000.0	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	372700000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1919400000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1861000000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	890500000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	811800000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1028900000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1049200000	usd
CY2023	us-gaap	Depreciation Depreciation	109000000	usd
CY2022	us-gaap	Depreciation Depreciation	98900000	usd
CY2021	us-gaap	Depreciation Depreciation	85500000	usd
CY2023Q4	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	119800000	usd
CY2022Q4	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	123400000	usd
CY2023Q4	avnt	Accrued Employment Benefits Noncurrent AccruedEmploymentBenefitsNoncurrent	12600000	usd
CY2022Q4	avnt	Accrued Employment Benefits Noncurrent AccruedEmploymentBenefitsNoncurrent	8900000	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	0	usd
CY2022Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	0	usd
CY2023Q4	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	31700000	usd
CY2022Q4	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	25300000	usd
CY2023Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	35000000.0	usd
CY2022Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	36700000	usd
CY2023Q4	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	0	usd
CY2022Q4	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	0	usd
CY2023Q4	us-gaap	Accrued Environmental Loss Contingencies Current AccruedEnvironmentalLossContingenciesCurrent	32100000	usd
CY2022Q4	us-gaap	Accrued Environmental Loss Contingencies Current AccruedEnvironmentalLossContingenciesCurrent	27400000	usd
CY2023Q4	us-gaap	Accrued Environmental Loss Contingencies Noncurrent AccruedEnvironmentalLossContingenciesNoncurrent	125100000	usd
CY2022Q4	us-gaap	Accrued Environmental Loss Contingencies Noncurrent AccruedEnvironmentalLossContingenciesNoncurrent	90900000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	45500000	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	121500000	usd
CY2023Q4	avnt	Taxes Payable Noncurrent TaxesPayableNoncurrent	0	usd
CY2022Q4	avnt	Taxes Payable Noncurrent TaxesPayableNoncurrent	0	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	33600000	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	35500000	usd
CY2023Q4	avnt	Interest Payable Noncurrent InterestPayableNoncurrent	0	usd
CY2022Q4	avnt	Interest Payable Noncurrent InterestPayableNoncurrent	0	usd
CY2023Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	23500000	usd
CY2022Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	22500000	usd
CY2023Q4	avnt	Dividends Payable Noncurrent DividendsPayableNoncurrent	0	usd
CY2022Q4	avnt	Dividends Payable Noncurrent DividendsPayableNoncurrent	0	usd
CY2023Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	3000000.0	usd
CY2021Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0269
CY2022Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0474
CY2022	avnt	Remeasurement Gain Loss Net On Pension Plans RemeasurementGainLossNetOnPensionPlans	28500000	usd
CY2022Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	600000	usd
CY2023Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	16400000	usd
CY2022Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	26300000	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2023Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	199100000	usd
CY2022Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	68600000	usd
CY2023Q4	avnt	Capitalized Computer Software Current CapitalizedComputerSoftwareCurrent	10000000.0	usd
CY2022Q4	avnt	Capitalized Computer Software Current CapitalizedComputerSoftwareCurrent	0	usd
CY2023Q4	avnt	Capitalized Computer Software Noncurrent CapitalizedComputerSoftwareNoncurrent	0	usd
CY2022Q4	avnt	Capitalized Computer Software Noncurrent CapitalizedComputerSoftwareNoncurrent	0	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	12700000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	28200000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Noncurrent OtherAccruedLiabilitiesNoncurrent	9500000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Noncurrent OtherAccruedLiabilitiesNoncurrent	15500000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	315200000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	395800000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	394400000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	235500000	usd
CY2023	avnt	Remeasurement Gain Loss Net On Pension Plans RemeasurementGainLossNetOnPensionPlans	3800000	usd
CY2022Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0474
CY2023Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0452
CY2021	avnt	Remeasurement Gain Loss Net On Pension Plans RemeasurementGainLossNetOnPensionPlans	9400000	usd
CY2020Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0247
CY2021Q4	us-gaap	Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	0.0269
CY2023	avnt	Defined Contribution Plan Employer Matching Contributions DefinedContributionPlanEmployerMatchingContributions	11900000	usd
CY2022	avnt	Defined Contribution Plan Employer Matching Contributions DefinedContributionPlanEmployerMatchingContributions	12700000	usd
CY2021	avnt	Defined Contribution Plan Employer Matching Contributions DefinedContributionPlanEmployerMatchingContributions	10700000	usd
CY2020Q1	avnt	Accrual For Environmental Loss Contingencies Number Of Companies Negotiating Consent Decree AccrualForEnvironmentalLossContingenciesNumberOfCompaniesNegotiatingConsentDecree	3	company
CY2023Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	157200000	usd
CY2022Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	118300000	usd
CY2022Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	118300000	usd
CY2021Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	124500000	usd
CY2020Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	119700000	usd
CY2023	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	69600000	usd
CY2022	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	24100000	usd
CY2021	us-gaap	Accrual For Environmental Loss Contingencies Charges To Expense For New Losses AccrualForEnvironmentalLossContingenciesChargesToExpenseForNewLosses	23000000.0	usd
CY2023	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	30700000	usd
CY2022	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	30200000	usd
CY2021	us-gaap	Accrual For Environmental Loss Contingencies Payments1 AccrualForEnvironmentalLossContingenciesPayments1	18200000	usd
CY2023	us-gaap	Accrual For Environmental Loss Contingencies Foreign Currency Translation Gain Loss AccrualForEnvironmentalLossContingenciesForeignCurrencyTranslationGainLoss	0	usd
CY2022	us-gaap	Accrual For Environmental Loss Contingencies Foreign Currency Translation Gain Loss AccrualForEnvironmentalLossContingenciesForeignCurrencyTranslationGainLoss	100000	usd
CY2021	us-gaap	Accrual For Environmental Loss Contingencies Foreign Currency Translation Gain Loss AccrualForEnvironmentalLossContingenciesForeignCurrencyTranslationGainLoss	0	usd
CY2023Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	157200000	usd
CY2022Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	118300000	usd
CY2021Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	124500000	usd
CY2023	us-gaap	Insurance Recoveries InsuranceRecoveries	1700000	usd
CY2022	us-gaap	Insurance Recoveries InsuranceRecoveries	8300000	usd
CY2021	us-gaap	Insurance Recoveries InsuranceRecoveries	4500000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-2700000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-82400000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-22100000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	90000000.0	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	146200000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	225600000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	87300000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	63800000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	203500000	usd
CY2023	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	18500000	usd
CY2022	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	-76200000	usd
CY2021	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	23400000	usd
CY2023	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	53800000	usd
CY2022	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	56400000	usd
CY2021	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	50800000	usd
CY2023	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	72300000	usd
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-19800000	usd
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	74200000	usd
CY2023	us-gaap	Deferred Federal State And Local Tax Expense Benefit DeferredFederalStateAndLocalTaxExpenseBenefit	-35800000	usd
CY2022	us-gaap	Deferred Federal State And Local Tax Expense Benefit DeferredFederalStateAndLocalTaxExpenseBenefit	2600000	usd
CY2021	us-gaap	Deferred Federal State And Local Tax Expense Benefit DeferredFederalStateAndLocalTaxExpenseBenefit	-26800000	usd
CY2023	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-25500000	usd
CY2022	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-2100000	usd
CY2021	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	4500000	usd
CY2023	avnt	Deferred Income Expensefrom Continuing Operations DeferredIncomeExpensefromContinuingOperations	-61300000	usd
CY2022	avnt	Deferred Income Expensefrom Continuing Operations DeferredIncomeExpensefromContinuingOperations	500000	usd
CY2021	avnt	Deferred Income Expensefrom Continuing Operations DeferredIncomeExpensefromContinuingOperations	-22300000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11000000.0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-19300000	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	51900000	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.002
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.055
CY2023Q4	avnt	Deferred Tax Assets Environmental DeferredTaxAssetsEnvironmental	38500000	usd
CY2022Q4	avnt	Deferred Tax Assets Environmental DeferredTaxAssetsEnvironmental	29200000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	66000000.0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	54300000	usd
CY2023Q4	avnt	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Liability DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseLiability	7800000	usd
CY2022Q4	avnt	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Liability DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseLiability	11800000	usd
CY2023Q4	avnt	Deferred Tax Assets Capitalized Research And Development DeferredTaxAssetsCapitalizedResearchAndDevelopment	45800000	usd
CY2022Q4	avnt	Deferred Tax Assets Capitalized Research And Development DeferredTaxAssetsCapitalizedResearchAndDevelopment	39200000	usd
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.003
CY2023	avnt	Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income And Fdii Percent EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAndFDIIPercent	0.019
CY2022	avnt	Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income And Fdii Percent EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAndFDIIPercent	0.028
CY2021	avnt	Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income And Fdii Percent EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAndFDIIPercent	-0.010
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings	0.039
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings	0.002
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings	0.020
CY2023	avnt	Effective Income Tax Rate Reconciliation Non Deductible Acquisition Related Costs Percent EffectiveIncomeTaxRateReconciliationNonDeductibleAcquisitionRelatedCostsPercent	0
CY2022	avnt	Effective Income Tax Rate Reconciliation Non Deductible Acquisition Related Costs Percent EffectiveIncomeTaxRateReconciliationNonDeductibleAcquisitionRelatedCostsPercent	0.009
CY2021	avnt	Effective Income Tax Rate Reconciliation Non Deductible Acquisition Related Costs Percent EffectiveIncomeTaxRateReconciliationNonDeductibleAcquisitionRelatedCostsPercent	0.001
CY2023	avnt	Effective Income Tax Rate Reconciliation Nondeductible Expense Foreign Interest Percent EffectiveIncomeTaxRateReconciliationNondeductibleExpenseForeignInterestPercent	0.053
CY2022	avnt	Effective Income Tax Rate Reconciliation Nondeductible Expense Foreign Interest Percent EffectiveIncomeTaxRateReconciliationNondeductibleExpenseForeignInterestPercent	0.029
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Files In Submission

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$AVNT
AVIENT CORP Stock $avnt

2024 Q1 Form 10-K Financial Statement

#000112297624000019 Filed on February 20, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVNT AVIENT CORP Stock $avnt

2024 Q1 Form 10-K Financial Statement

#000112297624000019 Filed on February 20, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVNT
AVIENT CORP Stock $avnt